Global glycine soja (soybean) seed extract market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2023-2031).The growing demand for natural ingredients from end-user industries is a key factor driving the growth of the global market. To meet the growing demand for these extracts the key players are adopting different growth strategies such as mergers & acquisitions, partnerniship, geographical expansion, and new product launches among others. For instance, in July 2023, Symrise AG entered into a strategic partnership with JF Natural Ingredients to enhance its soybean seed extract offerings in the Asian region. This collaborative effort brings together Symrise's extensive expertise in flavor and fragrance solutions with JF's esteemed position as a leader in natural plant extracts. The goal of this collaboration is to broaden the range of premium soybean seed extract solutions available to the Asian market.
Browse the full report description of “Glycine Soja (Soybean) Seed Extract Market Size, Share & Trends Analysis Report by Application (Skin Care, Hair Care, Makeup, Bath and Body Care, Food, and Medicines), by Source (Synthetic and Natural), and by End-User Industry (Cosmetic and Personal Care Industry, Pharmaceutical Industry, Food and Beverage Industry, and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/glycine-soja-soybean-seed-extract-market
Further, in September 2023, Global Essence introduced a novel range of organic soybean seed extracts tailored specifically for the European nutraceutical market. With a keen focus on sustainability and the burgeoning clean label movement, Global Essence's latest extracts are poised to meet the escalating demand for natural and efficacious ingredients in nutraceutical formulations. This initiative underscores Global Essence's commitment to delivering innovative solutions that align with evolving consumer preferences and market trends.
Market Coverage
• The market number available for – 2023-203
• Base year- 2023
• Forecast period- 2024-2031
• Segment Covered-
o By Application
o By Source
o By End-User Industry
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includesJF Natural, Symrise, Grau Aromatics, Bellatorra Skin Care LLC, and Natural Solution among others.
Key questions addressed by the report.
Global Glycine Soja (Soybean) Seed Extract Market Report Segment
By Application
By Source
By End-User Industry
Global Glycine Soja (Soybean) Seed Extract Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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